PLATO secures additional $2 million from Raven Indigenous Capital Partners
PLATO wants to build a network of 1,000 Indigenous software testers across Canada.
Funding
Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.
ChargeLab secures $19.3 million CAD with aim to be Android for EV charging
“The winner will be whoever builds ‘Android’ to power the whole ecosystem.”
Fable raises $13.4 million CAD, launches accessibility training program for businesses
Meta, Walmart, Microsoft among Fable’s client base.
Forma.ai raises $57.8 million CAD in Series B round for sales compensation platform
Forma aims to turn sales compensation into science using AI.
OMERS Growth Equity backs US data analytics startup Imply in $100 million USD Series D
OMERS says Canadian-led Imply faces “a multi-billion dollar opportunity.”
Meet the biotech startup that received funding from both Garage Capital and Maple Leaf Foods
Evolved Meats claims to have “the meat people want.”
CarbiCrete tops up Series A funding to $23.5 million
Originally developed at McGill University, CarbiCrete’s tech produces cement-free, carbon-free concrete.
Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs
Alberta IoT’s funding is the latest in several government commitments to Alberta’s tech sector.
Vector Institute awards nearly $2 million in scholarships for Ontario AI students
Vector wants to take a bite out of the tech talent crunch.
White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse
Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?
Volley founder aims to leverage Andela experience to build similar model for sales talent
Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.
Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Certn raises $65.1 million CAD to scale background check tech beyond Canada
With fresh funds, Certn plans to hire 160 new roles this year.
Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation
The fund is a joint commitment with participation from a16z, Coatue, Coinfund, others.